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Exxaro Tiles Limited

Exxaro Tiles Limited

listed
₹14,750Min. investment

Exxaro Tiles Limited IPO Details

Price range₹118 – ₹120
IPO type
Regular
Lot size125 shares
Issue size₹161Cr

Exxaro Tiles Limited Timeline

  1. Bid start
    4 Aug 2021
  2. Bid end
    6 Aug 2021
  3. Allotment
    6 Aug 2021
  4. Release of funds
    12 Aug 2021
  5. Demat transfer
    11 Aug 2021
  6. Listing
    16 Aug 2021
Gujarat-based Exxaro Tiles manufactures and markets vitrified tiles, which are predominantly used for flooring. Along with a well-diversified product range, it has a network of more than 2,000 dealers. Through this network, it supplies products to various projects including residential, commercial, educational institutions, hospitals and government institutions.
The company has a pan-India presence and also exports to 12 countries including Poland, UAE and Bosnia. It garners around 14% of its total revenue from exports. This segment has grown at a CAGR of 47% between FY19 and FY21.
In the same period, the company’s profit has grown at a CAGR of 30.6%. And its revenue has increased 2.6% on an average annually.

Checklist

Risk analysis
Debt to Equity ratio
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Shares pledged
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Exxaro Tiles Limited Contact Details

Company NameExxaro Tiles Limited

How to apply for Exxaro Tiles Limited?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Exxaro Tiles Limited IPO FAQs